Skip to Main Content
HBS Home
  • About
  • Academic Programs
  • Alumni
  • Faculty & Research
  • Baker Library
  • Giving
  • Harvard Business Review
  • Initiatives
  • News
  • Recruit
  • Map / Directions
Faculty & Research
  • Faculty
  • Research
  • Featured Topics
  • Academic Units
  • …→
  • Harvard Business School→
  • Faculty & Research→
Publications
Publications
  • February 1992 (Revised July 1992)
  • Background Note
  • HBS Case Collection

Note on Cross-Border Valuation

By: W. Carl Kester and Julia Morley
  • Format:Print
  • | Pages:24
ShareBar

Abstract

Provides a fundamental technical review of valuation techniques used to assess cross-border investments. Discusses the discounting of free cash flows with a weighted average cost of capital, the use of adjusted present value, and the importance of considering real options. Special concerns such as foreign-exchange risk, country risks, and so forth are also discussed.

Keywords

Valuation; Cross-Cultural and Cross-Border Issues

Citation

Kester, W. Carl, and Julia Morley. "Note on Cross-Border Valuation." Harvard Business School Background Note 292-084, February 1992. (Revised July 1992.)
  • Educators
  • Purchase

About The Author

W. Carl Kester

Finance
→More Publications

More from the Authors

    • November 2019
    • Faculty Research

    Apple, Einhorn, and iPrefs (Abridged)

    By: Carliss Y. Baldwin and W. Carl Kester
    • January 2018 (Revised January 2019)
    • Faculty Research

    Capital Allocation at HCA

    By: W. Carl Kester and Emily R. McComb
    • January 2018 (Revised April 2021)
    • Faculty Research

    Capital Allocation at HCA

    By: W. Carl Kester and Emily R. McComb
More from the Authors
  • Apple, Einhorn, and iPrefs (Abridged) By: Carliss Y. Baldwin and W. Carl Kester
  • Capital Allocation at HCA By: W. Carl Kester and Emily R. McComb
  • Capital Allocation at HCA By: W. Carl Kester and Emily R. McComb
ǁ
Campus Map
Harvard Business School
Soldiers Field
Boston, MA 02163
→Map & Directions
→More Contact Information
  • Make a Gift
  • Site Map
  • Jobs
  • Harvard University
  • Trademarks
  • Policies
  • Accessibility
  • Digital Accessibility
Copyright © President & Fellows of Harvard College